The federal government has opened controversy about the record of a $ 5 billion loan agreement between Nigeria and Aramco, a Saudi State Oil Company. Ripples Nigeria reported that the record agreement was being threatened by a decrease in crude oil prices and decreased production. There are also concerns that developed regarding the reluctance of banks to bear the agreement. …
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CBN Debunks Reports on BDC Recapitalization Time Limits
The Central Bank of Nigeria (CBN) has eliminated reports of reports on the extension of the deadline for the recapitalization of the Bureau de Change (BDC) operator until December 31. Acting Director of Corporate Communication CBN, Ny. Hakama Sidi, in a statement on Wednesday in Abuja, described the report as misleading and urged the Nigerians to ignore it. According to …
Read More »Ndlea destroys two cannabis farms in Edo
The Command of the Edo State of the National Drug Law Enforcement Agency (NDLEA) has destroyed two cannabis farms in a recent operation aimed at interrupting the supply chain of illegal drugs in the state. Speaking in Benin City during a briefing printing on the May of the Command results, the state commander Mitchell Ofoyeju revealed that the farms were …
Read More »Kogi Monarch who was kidnapped regained freedom after 27 days in captivity
The traditional rulers of the Okoloe community who were kidnapped in the territory of the West Yagba regional government in the state of Kogi, Oba Dada Ogunyanda, had regained freedom 27 days after captivity. Ogunyanda, who is Obalohun from the Okolole community, was kidnapped from his palace on May 15. Also read: Trumen Houses Resting Natasha Family in Kogi Chairman …
Read More »Tinubu canceled the Democratic Day broadcast
Tinubu Bola President has canceled the National Democratic Day broadcast scheduled for Thursday morning. The president was initially scheduled to speak to Nigeria at 7:00 in the morning on Thursday as part of the activity that marked this year’s democratic day celebration in the country. Director of Information and Public Relations at the Secretary’s Office for the Federation Government, Segun …
Read More »Gridlock as petrol falling falls, explodes on Lagos-ibad …
A oil tanker loaded with petrol caught fire and exploded on the Lagos-Ibadan highway, near the church of the Bible of the deepest life and directly in front of the Nasrul-Lahi-L-Fatih Society (Nasfat) field on Wednesday. The accident led to a grid on the highway, reaching Berger, who forced the motorists, along the path to follow a way. As can …
Read More »EFCC arrested 11 alleged internet fraudsters in Kaduna
The Economic and Financial Crime Commission (EFCC) has captured 11 alleged internet fraudsters in the State of Kaduna. The Head of EFCC Media and Publicity, Dele Oyewale, revealed this in a statement on Wednesday in Abuja. He said the suspects were arrested in the Mahuta and Barnawa areas in the Capital of the State, following the credible information that connects …
Read More »Obsur Court of Former Gov Ishaku objected to the trial of the alleged N27BN fraud
Judge Sylvanus Orji from the Federal Capital High Court (FCT), MAITAMA, on Wednesday rejected the objections submitted by the former Governor of the State Taraba, Darius Ishaku, for receiving several documents in his trial due to alleged N27 billion fraud. The Economic and Financial Crime Commission (EFCC) charged a former governor along with a former permanent secretary, bureau for local …
Read More »How I survived the potential plane crash – Wike (video)
A new video of the Minister of Federal Capital Territory (FCT), Nyesom Wike, has aroused new attention on an audio ribbon on how it survived a potential plane crash. The audio ribbon had aroused controversy while bringing another dimension to the Macho image that Wike implemented in his political efforts and his firm statements about governance in the FCT in …
Read More »$ 1 billion fraud: Courts to decide on CBEX operator guarantees held June 30
Judge Emeka Nwite from the Federal High Court, Abuja, on Wednesday, set June 30 for decisions in the guarantee application submitted by three Crypto Bridge Exchange (CBEX) promoters. The judge set a date after the legal counsel for the Economic and Financial Crime Commission (EFCC), Fadila Yusuf, and the defender lawyer adopted their process on the application. Judge Nwite, on …
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